OUR TIMELINE

Invited to Dragons’ Den Africa as a Dragon Investor.

Invested across 6 transactions on the show.

Invested R8million across the six transactions in tech, agriculture & retail technology. Began managing the investments as a standalone On Balance Sheet fund.

Early days: test the hypothesis of the firm & eliminate options early.

MyGrowthFund Venture Partners was incorporated as a Venture Capital firm with Vusi Thembekwayo as the Managing Partner.

Signed the first managed service contract to build & operate South Africa’s first rural tech entrepreneurs’ hub.

Beta-tested completion of the MGF Accelerator with the test group of 11 entrepreneurs across services &
production sectors.

Re-branded the accelerator as Business Amplifier.

Partnered with Standard Bank SME Banking to accelerate their Top100 clients on the Business Amplifier platform.

Test & Iterate: the business model and product-market fit.

Established our partner-offices in Kenya & Nigeria.

Launched our inaugural nationwide accelerator program, the Top 40. The selected businesses were identified as the “fastest growing small businesses” in South Africa in 2016.

Launched our Business Amplifier accelerator office that standardized our scale-methodology across all our offices.

Signed our Juristic Representation agreement RH Managers. RH Managers manages the listed healthcare fund RH Bopelo & the Section 12J RH Ventures.

MyGrowthFund Venture Partners becomes a member of the Southern African Venture Capital Association (SAVCA), which represents VC company in Southern Africa.

MyGrowthFund Venture Partners CEO nominated and elected as a director & member of the board of SAVCA.

Launched the MyGrowthFund Venture Partners Academy which is aimed at enterprise & entrepreneurship education to high-growth entrepreneurs across Africa.

Created & recorded Season One of the mentorship series, Osmosis which has received over 400,000 unique downloads across 27 countries.

Invested in a further 5 businesses that completed the Top40 program across fashion retail & technology.

Dr. Richard Maponya joins MyGrowthFund Venture Partners as a Patron of the firm as well as Chairman of the Board.

Expand the business reach across the ecosystem of venture capital, accelerators & education.

Commissioned our second township tech hub built. The hub services 3,000 unique entrepreneurs’ every month across education, business skills & business services.

MGF Academy educates over 50,000 unique entrepreneurs monthly across 14 countries. The Academy has a 78% retention rate & 58% skills transfer rate.

MGF Academy expands to Tanzania, Botswana & Namibia.

Dominate the ecosystem with the developed products & services.

Firmly entrench the business as a reputable venture capital, accelerators & education.

Opened MyGrowthFund Venture Partners New York. The office operates as a full-service investments & education office for the North American market.

MyGrowthFund Venture Partners Accelerator completes our third accelerator cohort with an 89% completion rate & 48% achievement of business growth rate.

Most successful business in the cohort achieved a 380% growth rate in sales, 68% customer retention rate with a 7.9 NPS score.

Document best-practice & standardize operating processes to professionalize the firm.

Professionalize the firm & benchmark against the best-in-class practitioners in the USA.